Dianguang Explosion-proof Technology Co (SZSE:002730) Dividend Payout Ratio : 1.57 (As of Jun. 2024)

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What is Dianguang Explosion-proof Technology Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Dianguang Explosion-proof Technology Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 1.57.

The historical rank and industry rank for Dianguang Explosion-proof Technology Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002730' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.5 Max: 0.77
Current: 0.3

During the past 13 years, the highest Dividend Payout Ratio of Dianguang Explosion-proof Technology Co was 0.77. The lowest was 0.14. And the median was 0.50.

SZSE:002730's Dividend Payout Ratio is ranked better than
60.63% of 1694 companies
in the Industrial Products industry
Industry Median: 0.35 vs SZSE:002730: 0.30

As of today (2024-09-26), the Dividend Yield % of Dianguang Explosion-proof Technology Co is 1.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dianguang Explosion-proof Technology Co was 2.14%. The lowest was 0.15%. And the median was 0.63%.

Dianguang Explosion-proof Technology Co's Dividends per Share for the months ended in Jun. 2024 was ¥0.13.

During the past 12 months, Dianguang Explosion-proof Technology Co's average Dividends Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dianguang Explosion-proof Technology Co was 58.70% per year. The lowest was -16.40% per year. And the median was 16.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Dianguang Explosion-proof Technology Co Dividend Payout Ratio Historical Data

The historical data trend for Dianguang Explosion-proof Technology Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dianguang Explosion-proof Technology Co Dividend Payout Ratio Chart

Dianguang Explosion-proof Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.56

0.77

0.35

0.50

0.37

Dianguang Explosion-proof Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.25	-	-	-	1.57

Competitive Comparison of Dianguang Explosion-proof Technology Co's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Dianguang Explosion-proof Technology Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dianguang Explosion-proof Technology Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dianguang Explosion-proof Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dianguang Explosion-proof Technology Co's Dividend Payout Ratio falls into.

Dianguang Explosion-proof Technology Co Dividend Payout Ratio Calculation

Dianguang Explosion-proof Technology Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.11	/	0.3
	=	0.37

Dianguang Explosion-proof Technology Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.13	/	0.083
	=	1.57

Dianguang Explosion-proof Technology Co (SZSE:002730) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Dianguang Explosion-proof Technology Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Dianguang Explosion-proof Technology Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Dianguang Explosion-proof Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dianguang Explosion-proof Technology Co Ltd (SZSE:002730) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Road Wei 5th, Yueqing Economic Development District, Zhejiang Province, Wenzhou, CHN, 325600

Website

http://www.dianguang.com

Dianguang Explosion-proof Technology Co Ltd is a China-based explosion protection electrical appliance manufacturer. The company is engaged in the research and development, production, sales, and services of explosion protection electrical appliances. Its product offerings include weatherproof manipulator, explosion protection metal halide lamp, explosion protection floodlight, mining explosion-proof cap lamp, H.V. vacuum breaker, weatherproof distribution box, explosion protection luminescent lighting, explosion protection connection chamber, mining explosion-proof movable substation, among others. Its products are used in coal mine, hazardous zone, marine solutions, weatherproof and application sectors.

Executives

Shi Peng	Director
Shi Long	Director
Shi Xiao Xia	Director
Shi Sui Biao	Director
Zhu Dan	Supervisors
Wu Feng Tao	Independent director

Dianguang Explosion-proof Technology Co Headlines

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